Robotics startup secures $400m from Bezos, OpenAI

Robotics startup Physical Intelligence in San Francisco has announced securing US$400 million in funding.

The investment elevates the company’s post-money valuation to US$2.4 billion.

Major contributors to the funding round include industry names like Jeff Bezos, OpenAI, Thrive Capital, Lux Capital, and Bond Capital.

The company focuses on developing AI technologies for robotic applications, aiming to create models and algorithms that enable robots to efficiently perform various tasks.

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